Global Trade Alert
Global Trade Alert

Brazil: Revocation of the import duties exemption mechanism for auto part products and changes to the list of the import duties reduction mechanism

Announcement

15 Dec 2023

In December 2023, the Brazilian government changed the regime regarding not-locally produced auto parts schemes. 

 

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

4 in force

Implementation date

01 Jan 2024

Revocation date:

No revocation date

Import tariff In force

On 15 December 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 545 increasing the import duties of several auto part products. The new action only ap...

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Tax or social insurance relief In force

On 15 December 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 545 reducing the import duties of several auto part products by modifying GECEX Resolu...

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Implementation date

01 Jan 2024

Revocation date:

No revocation date

Import tariff In force

On 15 December 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 545 decreasing the import duties of several auto part products by adding them to the l...

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Tax or social insurance relief In force

On 15 December 2023, the Executive Committee of the Brazilian Foreign Trade Chamber (GECEX) issued Resolution No. 545 increasing the import duties of several auto part products by modifying GECEX Reso...

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Related State Acts

17 Dec 2018

Brazil: New list of auto-parts not locally-produced valid from 2019 for the import duties exemptions mechanism

30 Jan 2020

Brazil: January 2020 changes to the list of auto-parts not locally-produced (Import duties exemptions mechanism)

22 Jun 2020

Brazil: June 2020 changes to the list of auto-parts not domestically produced (Import duties exemptions mechanism)

25 Aug 2020

Brazil: August 2020 changes to the list of auto-parts not locally-produced (Import duties exemptions mechanism)

21 Sep 2020

Brazil: September 2020 changes to the list of auto-parts not locally manufactured (Import duties exemptions mechanism)

22 Oct 2020

Brazil: October 2020 changes to the list of auto-parts not locally-produced (Import duties exemptions mechanism)

23 Jul 2021

Brazil: July 2021 update of the list of auto-parts not locally manufactured (Import duties exemptions mechanism)

24 Sep 2021

Brazil: September 2021 update of the list of auto-parts not locally manufactured (Import duties exemptions mechanism)

21 Dec 2021

Brazil: New list of auto parts not locally-produced eligible from 2022 for the import duties exemptions mechanism

24 Feb 2022

Brazil: Changes to the list of auto parts not domestically produced for the import duties exemptions mechanism (February 2022)

21 Jun 2022

Brazil: Removal of two products from the list of auto parts not domestically produced for the import duties exemptions mechanism (June 2022)

30 Aug 2022

Brazil: Removal of 311 products from the list of auto parts not domestically produced for the import duties exemptions mechanism (August 2022)

20 Mar 2023

Brazil: Changes to the list of auto parts not domestically produced for the import duties exemption mechanism (March 2023)

10 May 2023

Brazil: Vacuum pumps removed from the list of auto parts not domestically produced for the import duties exemption mechanism (May 2023)

19 Jun 2023

Brazil: Certain brakes removed from the list of auto parts not domestically produced for the import duties exemption mechanism (June 2023)

22 Sep 2023

Brazil: Two products removed from the list of auto parts not domestically produced related to the import duties exemption mechanism (September 2023)

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